Vermont Sports Betting

Is Sports Betting Legal in Vermont?

Yes! Vermont sports betting is live as of Jan. 11, 2024! 

Vermont Sports Betting Key Takeaways

Vermont Sports Betting Updates:

• January 11, 2024 — Vermont officially launches sports betting in the state. Fanatics Sportsbook, FanDuel and DraftKings are the initial 3 mobile operator options.
• December 13, 2023 — The Dept. of Mental Health will receive $250,000 in funding to combat problem gambling as the state approaches its sports betting launch date.
• December 12, 2023 —FanDuel, Fanatics, and DraftKings will be the first three operators to launch on day one of legal sports betting, according to the Vermont Lottery and Gov. Phil Scott. FanDuel and DraftKings also launched their pre-registration offers on this date.
• November 8, 2023 — The Vermont Board of Liquor and Lottery updated its background check regulations for third-party operators.
• September 13, 2023 — FanDuel, Fanatics, BetMGM, ESPN BET, and DraftKings have submitted their interest in joining the Vermont sports betting market.
• June 14, 2023 —  H.127 has been signed into law by Gov. Phil Scott, which officially legalized Vermont sports betting.

Vermont Sports Betting Background

Vermont was not expected to be a front-runner in the world of online sports betting. Not boasting any professional sporting teams, Vermonters typically focus on New England and Canadian teams in addition to enjoying outdoor activities like hiking, biking, and celebrating the beauty of the northeastern landscape. 

However, as they saw government revenues slump during the COVID-19 pandemic, and continued to watch all their neighbors rake in money from legal bets, it became clear that legalization was a good road to recouping some lost cash in the coffers. 

Governor Phil Scott was an initial proponent of sports betting back in 2019 right after the repeal of PASPA, the Professional and Amateur Sports Protection Act that federally banned betting on athletic events. He ended up signing the bill legalizing sports betting into law in Vermont, bringing his attempts full circle. 

Like many states, the main purpose behind legalizing sports betting was to capture revenues that were going to offshore (read: illegal) books. The legal sports betting market is projected to bring in at least $7 million per year in revenue by 2025 — that's by taxing the sportsbooks at a 20% rate. 

The Road to Legalization

In 2023, legislators were able to agree on and finalize a version of a sports betting bill, H.127. The bill established the previously mentioned 20% tax rate as well as establishing the Department of Liquor and Lottery (DLL) as the regulatory body to oversee legal sports gambling in the Green Mountain State. 

By June, Governor Phill Scott's ink was drying on the bill, now law in the state. Legal sports betting in Vermont then launched on January 11th, 2024.

Even though there is mobile sports betting in the state, there is another way you can put your sports knowledge to the test. PrizePicks is an app where you can choose if a player will go over or under certain stats for the duration of a given game. Action Network visitors can claim the following bonus at PrizePicks: Place a $5 Lineup, Get $50 Instantly - No Strings Attached! Just use promo code ACTION!

Legal Online Sportsbooks in Vermont

Vermont is live with legal online sportsbooks! These sportsbooks below are online in Vermont with generous welcome offers for new users.

Fanatics Sportsbook Vermont

Fanatics Sportsbook is live in Vermont! The sports retail giant has been expanding it's sportsbook recently and made Vermont one of their newest additions. Check out our Fanatics Sportsbook Vermont promo below. 

Fanatics Promo

Bet and Get up to $1,000 in No Sweat Bets!

Fanatics Promo Code

No promo code required

Action Network Score

9.8/10. See our Fanatics Sportsbook Promo Code review for more in-depth information and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
Fanatics Sportsbook vs Other Sportsbooks

Fanatics Terms & Conditions

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO, DC, IL, KS, KY, LA, MD, OH, MI, NC, NJ, PA, TN, VA, VT, WV, WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV). Must apply this Promotion in your bet slip & place and settle $5+ cash wager with odds of - 200 or longer to get a Bonus Bet match (up to $100) each day for 10 straight days. Your 10 days begin the day you sign up. Bonus Bets expire 7 days from issuance. Add'l Terms apply, see Fanatics Sportsbook app.

DraftKings Vermont

DraftKings is another sportsbook with its roots in daily fantasy sports. Using the lessons learned through DFS, DraftKings has created a user-friendly sportsbook that is easy on the eye in addition to being simple to use. This household name now provides Vermont sports bettors with their popular sportsbook to enjoy.

DraftKings Promo

Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit!

DraftKings Promo Code

Use promo code No Code Needed  to claim the DraftKings sign-up offer

Action Network Score

9.2/10. See our DraftKings Promo Code and review for more in-depth information about DraftKings and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
DraftKings vs Other Sportsbooks

DraftKings Terms & Conditions

null

DraftKings BetSync Bet Tracking in the Action Network App

DraftKings Sportsbook and Action Network have teamed up to offer BetSync, allowing you to link your DraftKings Sportsbook account directly to your Action login. Once your sportsbook is connected, the bets made at the sportsbook will automatically sync to your Action profile. Action Network's BetSync eliminates the process of manually entering your picks.

Benefits: Bets automatically track, live win probability on your tracked bets is visible in the app, and you can now join the Action Leaderboard.

Learn more: BetSync DraftKings Education

FanDuel Vermont

FanDuel was originally known for its daily fantasy sports options, but residents of the Green Mountain State can utilize this user-friendly app for all of their sportsbook needs as well. FanDuel is one of the official sports betting partners of the NBA, as well as the NHL and the MLB. There's no promo code required to claim FanDuel's offer below!

FanDuel Promo

Bet $5, Get $150 in Bonus Bets If You Win+3 Months Of League Pass!

FanDuel Promo Code

There is no promo code required to claim the FanDuel offer

Action Network Score

9.6/10. See our FanDuel Promo Code and review for more in-depth information about FanDuel and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
FanDuel vs Other Sportsbooks

FanDuel Terms and Conditions

New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MD, MI, NJ, NY, PA, TN, VA, VT, WV, WY only. Full T&C apply.

Vermont DFS

PrizePicks Vermont

PrizePicks is a great DFS choice for Vermont sports bettors looking for an alternative betting option. PrizePicks sets daily over/under totals for players based on their sport for users to bet against. Instead of competing against other players on the app, users are betting on individual players to hit an over/under total in their total fantasy score for a particular game.

PrizePicks Promo

Place a $5 Lineup, Get $50 Instantly - No Strings Attached!

PrizePicks Promo Code

ACTION

Action Network Score

9.4/10. See our PrizePicks Promo Code and review for more in-depth information and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
PrizePicks vs Other Sportsbooks